Branch Network – A Path To Double or Triple Net Income

We have talked at length about the importance of Business Strategy and Revenue generation, but it is just as critical to focus on cost management. In this installment, I’d like to discuss the largest category of non-interest expense for Banks and Credit Unions — the Branch. Specifically, how Banks and Credit Unions can DOUBLE or TRIPLE their Net Income by rationalizing their Branch Network while simultaneously improving their Brand and Customer Experience.